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Today's picks: 16 December 2015

Nifty, Bank Nifty, Coal India, Bharti Airtel & Hind Unilever

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Devangshu Datta New Delhi
Last Updated : Dec 16 2015 | 6:00 AM IST
Nifty

Current: 7,701 (futures: 7,709)
Target: NA

Stop-loss long positions at 7,650. Stop-loss short positions at 7,755. Big moves could go till 7,575, 7,825. A long 7,500p (47), long 7,900c (31) could gain 10-15 on any big move.

Bank Nifty

Current: 16,399 (fut: 16,404)
Target: NA

Stop-loss long positions at 16,250. Stop-short positions at 16,475. Big moves could go till 16,700, 16,000. A long 16,000p (183), long 17,000c (91) strangle would gain on a big move in either direction.

Coal India

Current price: Rs 315
Target price: Rs 310

Keep a stop at Rs 318 and go short. Add to the position between Rs 311 and Rs 312. Book profits at Rs 310.

Bharti Airtel

Current price: Rs 309
Target price: Rs 315

Keep a stop at Rs 306 and go long. Add to the position between Rs 313 and Rs 314. Book profits at Rs 315.

Hind Unilever

Current price: Rs 859
Target price: Rs 875

Keep a stop at Rs 851 and go long. Add to the position between Rs 856 and Rs 870. Book profits at Rs 875.
Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Dec 16 2015 | 6:00 AM IST

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